340 17Th Rd Miami, FL 33129
This charming, renovated duplex located at 340 & 342 SW 17th Rd, Miami, FL 33129, presents a compelling investment opportunity. Situated in the desirable Holleman Park neighborhood, this property offers convenient access to Brickell, I-95, and is within a 15-minute drive of South Beach, Miami International Airport, and Coconut Grove. The property features two units, one a 3-bedroom, 3-bathroom unit and the other a 2-bedroom, 1-bathroom unit. Originally constructed in 1965, the duplex underwent a significant renovation in 2007, enhancing its appeal and functionality. Recent upgrades include the installation of a new water heater, stainless steel appliances (including a dishwasher and dryer), and impact windows and doors, providing both energy efficiency and enhanced security. A notable feature is the inclusion of a gas generator, ensuring power during outages. The property's location provides easy access to a vibrant array of restaurants, shops, and bars, making it an attractive option for renters. The asking price for this multifamily property is $1,498,000. This is a single-story building, offering easy accessibility and potentially lower maintenance costs. The property's strong location and recent updates make it a promising investment in the thriving Miami real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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No recorded transactions found for this property.
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